Yamana Gold Inc (AUY)

[SeriousStockStoke]

Might see a quick pullback here

That was a huge move in two days, however if I wanted to start a new position in AUY or any other gold stock I would wait for a pullback. The volume on Thursday & Friday on the buy side was just awesome!! The institutionals were rushing to build positions again so they don't look stupid at the end of the Q for owning financials and/or retailers.

I wanted to buy some Agnico Eagle(AEM)once gold experienced a strong surge over $900 and the dollar began declining again, but AEM just took flight before I could snag some lol. I hate chasing stocks and I expect the institionals to wait for a pullback to buy as well. One thing I really find bullish though was the volume traded on Thursday & Friday. There were so many whales trying to build positions at once. Booyah!!!!!



*Brace for an inflation nation!!!!!!!!!!

*Best of Luck Longs



Positions: Long AUY, AEM, FCX, CAT, NSC, RIG